Cairo – Mubasher: Prime Holding on Tuesday posted a 94% year-on-year surge in consolidated profits for the first half of 2018, recording EGP 19.62 million from EGP 10.1 million. Revenue rose to EGP 50.04 million in the six-month period ended June, …

Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) on Tuesday reported a 4.6% year-on-year increase in consolidated profits for the second quarter of 2018. Net profit stood at EGP 271 million in the three-month period ended June, versus …

Cairo – Mubasher: Emaar Misr for Development on Tuesday reported an 11% year-on-year rise in consolidated profits for the second quarter of 2018, recording a net profit of EGP 597 million from EGP 597 million. In the first half of 2018, net profit …

Cairo – Mubasher: Porto Group Holding on Tuesday reported a 70.1% year-on-year decline in consolidated profits for the first half of 2018, recording EGP 53.06 million from EGP 177.91 million. Revenues narrowed to EGP 876.4 million in the six-month …

Cairo – Mubasher: The Arab Dairy Products Co. (Panda) on Tuesday posted it has turned a profit in the first half of 2018. The company logged EGP 8.84 million in profits during the six-month period ended June, against a net loss of EGP 8.1 million …

Cairo – Mubasher: The Italian oil and gas company Eni said it has obtained a new offshore exploration license in Egypt. The Rome-based firm is planning to drill an exploratory well in the second half of 2018, Reuters reported. Eni holds an 85% …

Cairo – Mubasher: The Egyptian minister of manpower and immigration on Tuesday announced a three-day holiday for the private sector in celebration of Eid Al Adha. The Eid holiday will start on Monday, 20 August and end Wednesday, 22 August, …

Cairo – Mubasher: Lecico Egypt on Tuesday posted a 14.4% year-on-year decline in consolidated profits for the first half of 2018 due to lower sales. Net profit amounted to EGP 28.88 million in the six-month period ended June, from EGP 33.75 …

Cairo – Mubasher: Orascom Development Egypt on Tuesday reported a 4.7% year-on-year increase in consolidated profits for the first half of 2018, recording EGP 184.61 million from EGP 176.29 million. Revenues grew to EGP 873.8 million in the …

Cairo – Mubasher: Misr National Steel (Ataqa) on Tuesday reported a 124.8% year-on-year hike in profits for the first half of 2018. The company generated a net profit of EGP 153.08 million in the six-month period ended June, versus EGP 68.08 …